Motoring Podcast - News Show

Captain Delusional - 1 November 2022

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Synopsis

FOLLOW UP: BRITISHVOLT IN RISK OF RECEIVERSHIPThings are moving quickly at Britishvolt. A week or so ago we were talking about them seeking funding, as of Monday’s news, they could well have been in receivership by the time you listen to this episode. They had sought to draw some of their funding from the Government early but have been rebuffed as they decide not to risk more public money. However, it appears they do have some short and medium term funding secured, but we don’t know from where. To get an idea of what has gone spactacularly wrong, click this Twitter thread link from Peter Campbell. To learn how they have found some funding click this BBC News article link. EU BANS NEW ICE CARS FROM 2035The 27 countries of the EU have agreed to ban all new internal combustion engined cars, powered by fossil fuels, from 2035. There is also an increase in the reduction of CO2 emissions from 2030, up to 55% reduction on 2021 engines, where previously it was 37.5%. There are some exemptions though, for smaller prod